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Committed to the future of rural communities. International Trade Administration Building Biofuels Infrastructure Conference Federal Feasibility Studies and Funding Sources Panel Washington, DC June 19, 2007 William F. Hagy III Deputy Administrator, Business Programs

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Committed to the future of rural communities


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International Trade Administration

Building Biofuels Infrastructure Conference

Federal Feasibility Studies and Funding Sources Panel

Washington, DC

June 19, 2007

William F. Hagy III

Deputy Administrator, Business Programs

USDA Rural Development

Committed to the future of rural communities


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The President’s State of the Union Address

“Tonight, I ask Congress to join me in pursuing a great goal. Let us build on the work we've done and reduce gasoline usage in the United States by 20 percent in the next 10 years.”

Committed to the future of rural communities


Funding for biofuels development

Funding for Biofuels Development

  • FY 2002 Farm Bill – Title IX

  • Other USDA Programs

Committed to the future of rural communities


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  • Farm Bill – Energy Title

  • Section 9006 – Renewable Energy Systems and Energy Efficiency Improvements Program

    • Establishes a grant, loan, and loan guarantee program to assist eligible farmers, ranchers, and rural small businesses in purchasing renewable energy systems and making energy efficiency improvements.

Committed to the future of rural communities


Section 9006 grant program

Section 9006 Grant Program

  • Can not exceed 25% of costs.

  • Minimum/Maximum

    • Energy Efficiency - $1,500/$250,000

    • Renewable Energy Systems - $2,500/$500,000

    • Demonstrate financial need

  • May 18, 2007, was Deadline for grant application filing

Committed to the future of rural communities


Section 9006 guaranteed loan program

Section 9006 Guaranteed Loan Program

  • 50% of total project cost

  • Percents of guaranteed

    • 85% - $600,000 or less

    • 80% - greater than $600,000 up to and including $5 Million

    • 70% - greater than $5 Million up to and including $10 Million

    • July 02, 2007, Deadline for Applications

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Section 9006 Funding Activity FY 2003 thru 2006

Renewable Energy/Energy Efficiency

TechnologyNo.AmountLeveraged

Biomass 167 $39,628,908$224,877,087

Wind 168 33,227,041 487,265,950

Solar 40 2,224,639 5,924,634

Geothermal 15 921,282 2,763,869

Hybrid122,521,236185,682,033

Subtotal402 $78,523,106 $906,513,573

Energy Efficiency 426$9,442,879 $27,635,898

Subtotal 828 $87,965,985 $934,149,471

Guaranteed Loans 19 $34,258,862 $67,041,264

Grand Total847 $122,224,847 $1,001,190,735

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9006 Renewable Energy Grant

Missouri

  • Global Fuels LLC

  • 3 million gallon biodiesel plant

  • $500,000-Grant

  • Operation Started December 2006

Committed to the future of rural communities


Renewable energy guaranteed loan iowa

Renewable Energy Guaranteed LoanIowa

  • Clinton County Bio Energy, LLC, financing to construct and operate a biodiesel production plant with a yearly capacity of 10 million gallons.

  • $3,220,000 loan guarantee.

  • The plant is completed and operational and will produce 10 million gallons of biodiesel each year.

  • Created 9 jobs.

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  • Farm Bill – Energy Title

  • Section 9008

  • Purpose:

    • Support of research, development and demonstration on biobased products, biofuels, and biopower.

  • Eligible Recipients:

    • Institutions of Higher Learning; National Laboratory;

    • Federal Research Agency; State Research Agency; Private Sector Entities and Nonprofit Organizations or a consortium of two or more of entities described above.

Committed to the future of rural communities


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  • Farm Bill – Energy Title

  • Section 9008 (continued)

  • Cost Sharing:

  • Minimum of 20% Non-Federal – R&D

  • Minimum of 50% non-Federal-Demonstration

  • Budget Outlook:

  • Discretionary Funding - $13,650 Million FY 2007

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Farm Bill – Energy Title, Section 9008 (continued)

Joint Solicitation:

• USDA/Department of Energy

• Publication date –June 11, 2007

• Pre-application window will close 30 days from publication

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  • Section 9008 “Best Practices”

  • North Carolina

    • North Carolina State University

    • $435,997 award in FY 2006

    • $109,899 matching funds

    • Analysis and strategic guidance for solutions for increased commercialization of biofuels

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  • Value-Added Agricultural Products

  • Market Development (VAPG) Grants

  • • Purpose: To assist with marketing of value-added products.

  • •Eligible Recipients: Independent producers, agricultural produce group, farmer or rancher cooperative, or majority controlled producer-based business venture.

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  • Value-Added Agricultural Products

  • Market Development (VAPG) Grants(continued)

  • Funding Levels for FY 2007:

  • $19.285 Million – Discretionary Funding

  • Funding Limitation: Maximum Planning

  • $100,000 ; Working Capital $300,000

  • Window for FY 2007 Applications closed on May 16, 2007

Committed to the future of rural communities


Vapg best practices oregon

VAPG “Best Practices”Oregon

  • $300,000 Grant for working capital to operate a new Biodiesel facility.

  • Biodiesel fuel generated from canola seed.

  • Cooperative consist of 2,400 owners/producers.

  • Fuel will be sold to Portland fleet of vehicles.

Committed to the future of rural communities


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Rural Business Opportunity Grants (RBOG)

  • Eligibility: Public bodies, non-profits, Indian

    Tribes, and cooperatives.

    • Purposes: Technical assistance for business development and economic development planning.

Committed to the future of rural communities


Rbog best practices montana

RBOG “Best Practices”Montana

  • $49,000 Grant to finance a feasibility study in Montana.

  • Complex to include ethanol plant, controlled feed-lot and anaerobic digester.

Committed to the future of rural communities


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Rural Business Enterprise Grants (RBEG)

  • Eligibility: Public bodies, private non-profits, and Indian Tribes.

  • Purposes: Establish revolving loan programs, technical assistance, working capital loans, equipment, real estate, and refinancing.

Committed to the future of rural communities


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RBEG, “Best Practices”

  • $46,550 grant for a feasibility/marketing study.

  • Development and marketing agriculture based engine oils.

Committed to the future of rural communities


Rural economic development loans grants redlg

Rural Economic Development Loans & Grants (REDLG)

  • Eligibility: RUS electric and telephone borrowers (not delinquent on any Federal debt or in bankruptcy proceeding) and certain electric utilities that have prepaid.

  • Purposes: Revolving loan programs, community development, technical assistance, construction, capital improvements, purchase of machinery and equipment, and working capital.

Committed to the future of rural communities


Rural economic development grant redg minnesota

Rural Economic Development Grant(REDG) Minnesota

  • Albert Lea Economic Development Agency

  • $400,000 from REDG

  • Projects 500 new jobs

  • Will produce 30 million gallons of fuel annually

  • Soy-Mor, a biodiesel plant

  • Exol –corn ethanol plant

  • 100 percent farmer-owned.

  • Exol shares its site with Soy-Mor to save on infrastructure costs

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Business and Industry (B&I)

Guaranteed Loan Program

  • Eligibility: Individuals; corporations, cooperatives, partnerships, and other legal entities, public and private, organized and operated on a profit or nonprofit basis; and Federally recognized Indian tribal groups.

  • Purposes: Loan proceeds may be used for working capital, machinery and equipment, buildings and real estate, and certain types of debt refinancing. The primary purpose is to create and maintain employment and improve the economic climate in rural communities.

Committed to the future of rural communities


B i best practices wisconsin

B&I “Best Practices” Wisconsin

  • $10 Million for guarantee.

  • Refinancing/expansion of Wisconsin ethanol plant to 30 mgy

  • Saved 35 jobs.

  • Created 4 jobs.

  • Increased market price of local corn – 20 cents/bushel.

Committed to the future of rural communities


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1) Value Added Producer Grant, 2) Business and Industry Guaranteed Loan, 3) 9006 Renewable Energy Grant, and 4) Rural Business Enterprise Grant -Delaware

  • Mid-Atlantic Bio-diesel Company, LLC

  • $60,000 Rural Business Enterprise Grant

  • $500,000 grant from 9006 renewable energy program

  • $5 million B&I Guaranteed Loan Program

  • $150,000 VAPG

  • $5,710,000 total Investment

  • Use soybean meal for livestock feed to create an alternative fuel.

Committed to the future of rural communities


Definition of rural area

Definition of Rural Area

  • B&I, RBEG, RBOG, Section 9006, REDLG

    • Any area other than a city or town that has a population of greater than 50,000 inhabitants and the urbanized area contiguous and adjacent to such city or town.

Committed to the future of rural communities


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Rural Development Programs

Renewable Energy / Energy Efficiency

Activity FY 2001 – 2006

Number and Dollar Amounts Awarded:

Business and Industry Guaranteed Loans15$127,712,923

Rural Business Enterprise Grants28 1,352,752

Rural Business Opportunity Grants 7 471,841

Rural Economic Development Loans

and Grants 8 4,180,000

Value-Added Producer Grants 155 25,210,619

Section 9006 Renewable Energy Grants 813 84,341,437

Section 9006 Renewable Energy Loans 4 23,320,000

9006 Renewable Energy Loan/Grant Combos 15 10,938,862(Loans)

15 3,624,548(Grants)

Electric Program Loans 15 119,065,544

High Energy Cost Grants 19 22,108,472

9008 Research & Development Grants 55 58,140,531

Totals 1,149 $480,467,529

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B&I

Fiscal Year 2007 Budget

Business Programs Funding

$1,365,426,851

IRP

$33,869,875

RBEG

$20,000,000

RBOG

$3,071,706

REDG

$10,000,000

REDL

$25,215,484

Energy Grants

$11,385,000

Energy Loans

$176,511,617

Biomass R&D

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$13,650,000


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  • Funding Outlook

    • FY 2008 Budget

      • $397 Million for Energy Programs

      • $161 Increase Over FY 2007

        • $132 Million – Rural Development Renewable Energy Program

        • $29 Million – R & D Activities to Enhance Bioenergy Feedstock/ Improve Conversion Technology for Cellulose Ethanol

Committed to the future of rural communities


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  • Funding Outlook (Con’t)

    • Farm Bill

    • • $1.6 Billion in new Renewable Energy – Target Cellulose Ethanol Projects

    • • $.5 Billion Bioenergy and Biobased Produced Research Initiative

      • • Continue Improvements in Crop Yield

      • • Reduction in Cost of Producing Alternative Fuel

    • • $.5 Billion Renewable Energy Systems and Energy Efficiency Improvement Grant

    • •$.210 Billion to Support a $2.1 Billion Cellulose Ethanol Loan Guarantee Program

    • •$.150 Billion for Biomass Research Competition Grant – Focusing on Cellulose Ethanol

Committed to the future of rural communities


Program delivery

Program Delivery

National Office

State Office

Area / Local Offices

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How to learn more about business programs

How to Learn More About Business Programs

State Office, or

www.rurdev.usda.gov/rbs/busp/bpdir.htm

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QUESTIONS

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